U.S. Economy Still Growing:
Consumers Confident and Spending
The U.S. economy continued to grow at a steady pace in the third quarter of 2019, adding approximately 470,000 new jobs, of which 140,000 were in the key office-using sectors. Consumer confidence, while off recent highs, remains solid indicating shoppers are still optimistic. As of September, the unemployment rate is at 3.5%—the lowest since 1969.
Read Cushman & Wakefield’s analysis of 2019 third quarter commercial real estate results by clicking here: http://info.cushmanwakefield.com/webmail/263412/1377441525/113745a57e22051c05f5058129b7b490009bd945f4803e0673142347a561fdc5
Coming soon: Q3 2019 Capital Markets MarketBeat and Multifamily MarketBeat reports.